FYI: November's election results helped trigger a record-setting month for exchange-traded funds.
From the Nov. 4 low to the Nov. 25 high, the S&P 500 jumped 6.2 percent. For the month, the market gauge gained 3.3 percent.
ETFs saw a whopping $49.1 billion in inflows, the highest monthly total ever in records going back to 1998, according to State Street Global Advisors.
The surge in flows was fairly broad-based, with 8 of the 11 S&P 500 sectors showing positive moves. Red-hot financials led the way with $8.4 billion, while industrials were second with $4.7 billion. The biggest outflows came from consumer staples at $1.5 billion and real estate, with $1.1 billion.
Regards,
Ted
http://www.cnbc.com/2016/12/06/donald-trump-win-sets-the-stage-for-record-flow-of-cash-to-us-stocks.html
